Thailand has implemented a 0% capital gains tax on Bitcoin and other cryptocurrencies traded on licensed platforms approved by the Securities and Exchange Commission of Thailand (SEC), in an effort to attract foreign investment and strengthen the country’s position as a digital asset hub.
Under the new rules, profits from crypto trading on licensed exchanges, brokers and traders are exempt from personal income tax, while transactions on unlicensed or overseas platforms are still subject to tax.
Other crypto-related income such as mining and staking remain taxed under existing rules.
The move makes Bitcoin trading more competitive and puts digital assets on a par with traditional stocks from a tax perspective, potentially attracting more local and international investors to Thailand’s regulated market.
The initiative complements a previously introduced five-year tax break, covering the period from January 1, 2025 to December 31, 2029, sending a clear signal that Thailand is serious about building a crypto-friendly environment.
The government also aims to grow the crypto ecosystem by encouraging global trade, increasing transaction security and recognizing Bitcoin in the financial system, including the approval of a Bitcoin spot ETF in 2024.
The policy is expected to boost trading activities, attract foreign investment and strengthen Thailand's position as a major digital asset hub in Southeast Asia.
